The movie theatre chain announced the sale in November of its arcade game business to
The private equity firm bought Player One for
As part of the deal, Player One will continue to supply and service games at Cineplex locations.
Cineplex says the net proceeds from the sale will go toward paying down debt.
Following the pandemic's negative effects on the movie industry, Cineplex came into some good fortune last year thanks to the success of releases like "Barbie" and the Taylor Swift concert movie.
This report by The Canadian Press was first published
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